Platinum Equity buys HomeDirect

Platinum Equity has purchased HomeDirect from Transport Resource partners for an undisclosed amount, combining the company with another 2013 acquisition, MXD Group.
The equity firm purchased MXD Group in May, but rebranded the former Exel Direct last month. The two acquisitions specialize in retail white-glove transportation services. In a press release, Platinum Equity said the combined companies will offer reverse logistics, linehaul, dedicated, assembly and warehousing services, among others.
“Bringing together the people, technology, customers and third-party relationships from our two companies creates a powerful combination,” MXD’s David Vieira said in a statement. “Joining forces with HomeDirect provides us with the market density and assets to improve transit times and diminish touches, resulting in improved quality and service for our customers.”